Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against KuCoin+0.023%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1061.056% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.023%, 7d avg −0.001%
Together, before fees−0.087%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.025% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.4323−0.0046get 0.0023% / 4h1h 30m$4.2M$8.6M50x
ShortGate TIA_USDT0.4324−0.0038pay 0.0019% / 4h1h 30m$994K$1.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.68
Price spread: +0.023% → −0.001%
$2.46
Slippage, 4 orders
−$78.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$101.45
Costs to cover
1.056%
Break-even
429.7 days
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago2.31 bp24.7 bp −$2596.1 bp −$961doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.31 bp28.4 bp −$2869.5 bp −$695doesn't fitdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSD−0.0229%1h0.4328+0.109%$354K$242K50xas long as short
OKX TIA-USDT-SWAP−0.0078%4h0.4319−0.093%$2.7M$5.9M50xas long as short
KuCoin TIAUSDTMlong−0.0046%4h0.4323long leg$4.2M$8.6M50x
Gate TIA_USDTshort−0.0038%4h0.4324+0.023%$994K$1.8M75x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4327+0.093%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4329+0.139%$1K150xas long as short
ApeX Omni TIAUSDT+0.0085%1h0.4325+0.046%$49K$236K50xas long as short
Variational Omni TIA+0.0094%4h0.4329+0.139%$101K$84Kas long as short
Lighter TIA+0.0096%1h0.4330+0.162%$128K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0097%4h0.4325+0.046%$5K$362K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4331+0.183%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4327+0.093%$34K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4324+0.023%$14.6M$41.9M75xas long as short
Bybit TIAUSDT+0.0100%4h0.43230.000%$9.5M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4326+0.069%$14.0M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4324+0.023%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.43230.000%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4327+0.097%$100K$149K10xas long as short
HTX TIA-USDT+0.0100%4h0.4326+0.069%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4322−0.035%$57K$170K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4326+0.067%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4333+0.231%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4325+0.047%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4339+0.370%$47K$74K50xas long as short
BloFin TIA-USDT+0.0340%4h0.43230.000%$1.1M$548K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4330+0.157%$35K100xas long as short
dYdX TIA-USD+0.0720%1h0.4327+0.103%$51K$5910xas long as short